TERM PAPER REPORT

FINANCIAL TREND ANALYSIS OF HAVELL’S INDIA LTD.

SUBMITTED TO
AMITY UNIVERSITY, UTTAR PRADESH

FOR THE AWARD OF DEGREE OF

AMITY COLLEGE OF COMMERCE AND FINANCE AMITY
UNIVERSITY UTTAR PRADESH

SECTOR 125, NOIDA - 201303, UTTAR PRADESH, INDIA

Under the supervision of- Submitted by-

Dr. HARSH KUMAR Name___________
(Associate Professor) A310…………….
 DECLARATION

I, ___________ understudy of B.Com consequently report that the endeavour named

“Financial Trend Analysis of Havell’s India Ltd.” which is introduced by me to Department of
Commerce and Finance Amity University Uttar Pradesh, Noida, in fragmented fulfilment of
need for the honour of the degree of B.Com, has not been as of late molded the justification
the honour of any degree, affirmation or other similar title or affirmation.

The Author checks that approval has been procured for the usage of any copy remedied
material appearance up in the Dissertation/Project report other than brief choices requiring
simply genuine certification in scholarly piece and all such use is perceived.

Name--___________
A310>>>>>>>>>>>
 CERTIFICATE OF ORIGIN

This is to ensure that Name_______ understudy of B.Com, Amity College of Commerce

and Finance has completed work introduced in the venture of the Term paper entitle
“Financial Trend Analysis Of Havell’s India ltd..” under the guidance and supervision of Dr.
Harsh Kumar designated faculty guide.

Dr. Harsh Kumar

Associate Professor
(Faculty Guide)
Amity College of Commerce and Finance

DD MMM 2022

 
 ACKNOWLEDGEMENT
 

The fulfilment that goes with that the effective culmination of any errand would be
fragmented without the notice of individuals whose endless participation made it conceivable.
I might want to express gratitude towards Amity University for offering me the chance to
attempt this venture. I might want to thank my workforce faculty guide Dr. Harsh Kumar
who is the greatest main thrust behind my effective fruition of the undertaking. She has been
consistently there to address any question of mine and furthermore guided me the correct way
in regards to the task. Without her assistance and motivation, I would not have had the option
to finish the venture. Additionally I want to thank my mates who guided me, helped me and
gave thoughts and inspiration at each progression.

____________Name________
B.Com

FINANCIAL TREND ANALYSIS OF HAVELL’S INDIA LTD.

ABSTRACT

This report uncovers both the monetary and non-monetary performance of Havells' activities
(plants and workplaces) across India for the detailing time frame from first April 2019 st to
31 March 2020. This report is ready in accordance with the necessities of the Integrated
Reporting system proposed by the International Integrated Reporting Council (IIRC).

The Statutory Reports and Financial Statements which are essential for this report, follow
with the necessities of the Companies Act, 2013 (counting the guidelines made thereunder),
the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015, Indian Accounting Standards and the appropriate
Secretarial Standards. The monetary data of the Integrated Report has been separated from
the inspected fiscal summaries and the non-monetary data from the Sustainability Report. For
additional subtleties kindly allude to Financial Statements and Statutory Reports.

Those accused of administration at Havells have given guidance for the report and surveyed
the substance revealed inside. This report unveils relevant data that is material to Havells'
worth creation measure in the short, medium and long haul.

Articulations in this Report portraying the Company's destinations, projections, gauges,

assumptions might be "forward-looking proclamations" inside the significance of material
protections laws and guidelines. Genuine outcomes could differ physically from those
communicated or inferred. Important elements that could have an effect to the Company's
activities incorporate financial conditions influencing demand/supply and value conditions in
the homegrown and abroad business sectors in which the Company works, changes in the
Government guidelines, charge laws and different rules and accidental elements. We neither
accept any commitment nor expect to refresh or reexamine any forward-looking assertions,
regardless of whether because of new data, future occasions or something else.

TABLE OF CONTENTS
1. Declaration 

2. Certificate of origin 

3. Acknowledgement 

4. Abstract 

5. Introduction 

6. Financial Tools and Techniques

7. Analysis & findings of Financial statements 

8. Conclusion 

9. References

CHAPTER-1
INTRODUCTION

Innovation at Fore, people at Core

During the time spent structure Havells, one ethos we have firmly repeated is 'Making a
Difference' in the lives of our buyers, representatives, sellers, merchants and society all in all.
We think keeping 'Innovation at front' and 'Individuals at core' is the way to deliver this brand
guarantee that we reliably represent.

At Havells, individuals are the core of the association upheld by empowering cycles and
advances. Our enthusiastic faith in a human-driven methodology implies that the
computerized and mechanical innovation we seek after – be it the appropriation of refined
innovation at our working environment to engage representatives; natural portable
applications for sellers, merchants and merchants to work with better stock control and
consistent exchanges; the robotization we seek after at our manufacturing areas for lessening
tedious and manual work, so workers can apply their ability at more basic applications; the
shrewd items and administrations that we make for our clients by associating it with the
Internet of Things and Artificial Intelligence – it is totally pointed toward making the lives of
individuals we contact, more joyful, better and more full.

Our endeavors are arranged towards advancing monetary, manufactured, scholarly, human,
normal and social and relationship capitals through outcome driven cycles and drives that
empower us to make a superior tomorrow while combining business gains.

In the course of the most recent twenty years, the worldwide economy has been wrestling
with a VUCA (Volatile, Uncertain, Complex and Ambiguity) climate. Coronavirus pandemic
has desolated the financial establishments of world exchange and is constraining an
uncommon social, monetary, and business reaction. It has on a very basic level changed the
way we live, work, and has made 'Work from Home', 'Social removing', and 'Higher
innovation appropriation' as the 'new ordinary'.

As the world arrangements with the spiraling impacts of the pandemic, at Havells, we
immediately made a conclusive move to react to the unfurling difficulties. We have been in
constant commitment with every one of our partners to comprehend and ease their tensions. I
directed a live location to more than 9,000 channel accomplices, reaffirming Havells

obligation to ensure their inclinations in these difficult stretches and refreshed them on the
means taken to help them. These incorporate, focusing on their installments and beginning on
the web item preparing led by in-house specialists. Our convenient endeavors have been
valued and further reinforced our relationship with our channel accomplices.
Our representatives have been 'Working from Home' (WFH) during the cross country
lockdown to contain the spread of the infection and ensure their wellbeing. To guarantee
consistent business progression with least interruption, our representatives approached the
most recent mechanical apparatuses. We are additionally utilizing this chance to upskill
through online stages that are effectively worked by our business heads and coaches.
In these wild occasions, we have strived to give productive shopper administrations. We are
applying our computerized and electronic abilities to determine shopper issues and have
immediately activated self improvement recordings for our buyers. For issues that were
pressing and couldn't be settled distantly, site visits were masterminded in the wake of taking
fundamental wellbeing measures.
FY 2019-20 was a time of significant outer difficulties, even before the COVID-19
emergency. Debilitating macroeconomic climate, sectoral liquidity fixing and stoppage in
foundation portion affected the demand for mechanical items inside links, proficient lighting
and switchgear. Moreover, quieted shopper supposition affected the demand for electrical
merchandise. We exhibited extensive business versatility against this background to
accomplish income of ' 9,429 crores and net benefit of ' 733 crores. In the coming years, we
will keep on zeroing in on brand building, developing our portfolio through innovative work
and growing our circulation network with key spotlight on semi-metropolitan and provincial
business sectors.
Lloyd is developing as a mass premium brand in the shopper durables market. This has been
achieved through inventive and forceful brand-building drives, a proliferating item range and
by supporting our dissemination organization. Lloyd climate control systems are presently
being manufactured in-house at our new best in class plant, which is among the most
incorporated and current offices in Asia. The significant degree of robotization,
alongwithbackwardintegration,gives us more noteworthy power over quality while improving
expenses and lifts customer trust in the brand. At Havells, our constant undertaking is to put
individuals at the focal point of the multitude of endeavors towards innovation and
innovation. We energetically accept that this is the right way to deal with have a significant
effect in the lives of our partners and get the best out of human potential. Our conviction
drives us to dispatch clever items that make our clients' lives more joyful, more secure and
better. Through our Internet of Things (IoT) environment, we are going past and more
profound into making homes more intelligent and driving an all encompassing computerized
insight. With our creation offices progressively inserting shrewd advancements, the
requirement for routine manual work is decreasing, giving our workforce more opportunity to
zero in their skill on basic tasks, prompting further developed efficiencies and usefulness.

We stay devoted to our methodology of 'Innovation at Fore' 'Individuals at Core' to deliver a

more elevated level of results for every one of our partners. Our assurance to be a mindful
business, reflects in our energy-proficient items and feasible cycles. We keep on renewing
more water than we burn-through across our locales, empowering us to keep up with our
water positive status. Today, we are glad to deliver 1.6 occasions more water than what we
are devouring, featuring the achievement of our endeavors. We are consistently expanding
the use of sustainable power at our offices to limit our natural impression. During the year,
we planted over 3.5 lakh saplings to be wood and paper negative organization. These drives,
joined with energy-saving tasks, have empowered us to lessen our carbon impression
gigantically.

Besides, we keep on broadening our help for the arrangement of late morning suppers for
youngsters at schools, to help them concentrate better at examines. As a feature of our
endeavors to advance wellbeing and cleanliness, we worked around 400 bio-latrines and
appropriated more than 56,000 sterile napkins to young ladies in government schools in
Alwar and Haridwar locale.

Another key drive was joining forces with BL Munjal Foundation and Ashoka University to
give monetary help to destitute understudies and making the framework for their advantage.
All things considered, while it is ahead of schedule to anticipate the seriousness of the
pandemic completely, I am a hopeful person on mankind flexibility to skip back despite any
affliction. In the midst of all the disturbance and monetary aftermath, there is a chance for
India to gain new abroad business sectors as organizations across the world look to de-chance
and diversify their stock chains or move their manufacturing center points. In these
conditions, Havells restores its obligation to work together for a more noteworthy great of our
partners and our country. I might likewise want to make a move to show our appreciation to
our workers who, separately and all things considered, make us a superior and more grounded
association. Regarding our clients, colleagues and investors, we anticipate your immovable
help as we proceed with our way of economical development and worth creation. Much
obliged to you for having faith in us and be our partner in this excursion!

Directors

At Havells, we are submitted towards acceptable administration, more prominent

straightforwardness and economical worth creation for our partners. Our Board individuals
remain profoundly connected with and devoted to the Company reasoning of 'Innovation at
Fore, People at Core' making long haul, maintainable worth, in view of solid standards of
administration. This is additionally upheld by the senior management in scattering the ethos
to workers at all levels. Our different Board with half Independent Directors add to the
assorted ranges of abilities needed for adequately administering the Company in the current
occasions and bearings for what's to come.
CHAPTER-2
FINANCIAL TOOLS AND TECHNIQUES

Profitability Ratios

Monetary Capital is the actual lifeblood of business activities, assisting an organization with
making different types of capital. It has empowered us to upgrade our capacities to deliver
top notch items to our shoppers and to support market administration. With over 25 years of
heritage, havells has viably sent monetary capital to deliver business results, yet in addition to
produce supported financial incentive for all partners.

As the truism goes "Income is vanity, Profit is mental stability, yet Cash is king", this
expression turns into even more important in the COVID-19 time. Our Company has
followed similar way of thinking throughout the long term and has stayed focussed on cash
age, which has given us a pad and capacity to last through the emergency. The money
produced from activity for FY 2019-20 stands at ' 825 crores, which is 60.90% expansion
over FY 2018-19. The Company has money and money identical to the tune of ' 1,107 crores
on its accounting report as of 31st March 2020.

The Company has long haul obligation of ' 40.50 crores on its books as of 31st March 2020.
Havells is obligation free Company on net premise, which is the declaration of a Cash created
from activities 778 reasonable and severe money management strategy.

Cost legitimization

We have taken a few drives to bring effectiveness across capacities and excuse the expenses.
The legitimization of selling and general organization (S&GA) costs brought about the
decrease of fixed expenses. A comparative drive for SKU legitimization was done with
composed endeavors from different business groups, bringing about further developed stock
conveying days.

Havells had the option to keep up with the commitment edges during the initial 3/4 of the
year even in a quieted full scale monetary climate. In Q4 of FY 2019-20, the COVID-19
pandemic fundamentally affected the performance for the long stretch of March, which in any
case is an exceptionally useful month for the Company. Lower than arranged deals because
of the container India lockdown have antagonistically affected both working capital and
benefits for the year, thus affecting the different monetary proportions for the year.

Mechanizing finance

With innovation at its core, the Company mechanized a few exercises of its money capacity
to acquire proficiency. The majority of the endorsements required are currently through the
framework, lessening the time in question. Comparable mechanization of plan credit notes
has likewise assisted with simplifying

the interaction. Business knowledge and Sales force robotization modules have been created
for simplicity of repayment of movement claims by outreach groups, along these lines saving
a ton of time for the deals and records groups.

With a solid spotlight on proficient capital portion and nonstop edge improvement, we stay
hopeful about sound incomes which can be utilized to take astute plays in our core market.

Activity Ratios

Our Plants

Havells is equipping to become 'Industry 4.0 prepared' with the Industrial Internet of Things
(IIoT) and Manufacturing Excellence System (MES) to bring more prominent insight,
interconnectivity, computerization, AI and advanced work culture in its manufacturing tasks.
Our shrewd processing plants are set to typify the fate of manufacturing in India. We are
occupied with the manufacturing of a wide scope of items from Air Conditioners, Water
Heaters, Fans, Small Domestic Appliances, LED Televisions, Washing Machines to
Switchgear, Industrial and Domestic Circuit Protection Devices, Cables, Motors, LED
Luminaires for homegrown and proficient necessities. Inferable from our proceeded with
obligation to the 'Make in India' program, we manufacture over 90% of our items in-house,
subsequently reinforcing our tasks to have a superior authority over costs, keep up with
productivity and offer top notch items to our always advancing and knowing clients.
With an eye on future innovation, drifts and upgraded exploration and innovation labs, we
have taken advantage of the absolute generally progressed and supportable item innovations
in manufacturing advancements. These will diminish personal time, further develop
efficiency and to additional expand on the Company's designing capacities.

With 14 best in class manufacturing plants spread across 8 areas, we keep up a consistent
yield of universally acclaimed items. The significant focal point of our capital use during the
year has been on innovation and limit improvement.

The difficulties presented by COVID-19 forced us to close down tasks in our plants. As we
are equipping to react to the post COVID-19 reality, we center around the preparation to kick
off our activities with recommissioning offices. We are receiving more thorough cleaning
schedules and carrying out friendly removing at production lines with careful idealism.

Lloyd Air Conditioner (AC) plant at Ghiloth, Rajasthan is South-East Asia's generally best in
class and completely coordinated AC manufacturing office. It has the extraordinary
differentiation of being the nation's first forced air system plant with machines and cycles
coordinated with Artificial Intelligence, IoT and utilizations Manufacturing Execution
System (MES), viable with Industry 4.0. Spread over a space of 50 sections of land, it is a
green office, drawing huge extent of power through housetop sun based force. The plant is
outfitted with in-house manufacturing of every single basic cycle and creates completed AC
after like clockwork. With an introduced limit of 1,000,000 ACs yearly, the plant is outfitted
with adaptable manufacturing set-up to create various models on a similar creation line and
uses 'In the nick of time' framework (JIT) to keep ideal stock of parts.

The most exceptional Water Heater plant at Neemrana has a solid spotlight on knowledge
drove and innovation driven creation. The cutting edge particular machines and designs sent
are completely viable to interface with Industry 4.0 and assist with improving efficiency by
multiple times. The item utilizes zero-ozone draining materials that are in accordance with
Havells manageability ethos. Havells Water Heaters is a favored brand in its section and the
Neemrana plant keeps on creating probably the most energy effective and grant winning
water radiators. As of late, the Company won 'Public Energy Conservation' Award, 2019 for
"The Most Energy Efficient Storage Water Heater" by Bureau of Energy Efficiency, Ministry
of Power, Government of India.

The plant is outfitted with exceptionally robotized machines, test labs and apparatus room
office. It works with a solid spotlight on in-house sourcing of plan and segments with rigid
quality checks.

The greatest in-house best in class shaping arrangement with programmed mechanical
production systems assists with creating excellent MCBs and Switches with steady quality.

Havells is focused on its reasonable manufacturing system for future-status. Every one of our
plants follow 5R standards: Reduce, Reuse, Recycle, Recover and Residual management.
This backings our responsibility towards turning into a "Zero waste to landfill" association.
We keep on consolidating natural and social contemplations in each period of manufacturing
across the entirety of our units.

Turnover Ratios
During the Financial Year, the Share Allotment and Transfer Committee, in its gathering
hung on fourth September, 2019, sent 11,120 Equity Shares of the Company into the
DEMAT Account of the IEPF Authority held with NSDL (DPID/Client ID
IN300708/10656671) as far as the arrangements of Section 124(6) of the Companies Act,
2013 and the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, as
revised every once in a while. These Equity Shares were the Shares of such 18 Shareholders
whose unclaimed/neglected profit relating to Financial Year 2011-12 had been moved into
IEPF and who had not encashed their profits for 7 (Seven) ensuing Financial Years. Singular
updates were shipped off concerned Shareholders encouraging them to encash their profit and
the total List of such Shareholders whose Shares were expected for move to the IEPF was
additionally positioned in the Unclaimed Dividend part of the Investor Relations Section on
the site of the Company at https://havells.com/en/find havells/financial backer
connection/unclaimed-dividend.html. With the exchange of abovesaid shares into IEPF, as at
31st March, 2020, a sum of 1,92,918 Shares of the Company were lying in the Demat A/c of
the IEPF Authority, hereinabove referenced. Concerned Shareholders might in any case
guarantee the shares or apply for discount to the IEPF Authority in Web Form No. IEPF-5
accessible on www.iepf.gov.in.

The democratic rights on shares moved to the IEPF Authority will stay frozen until the
legitimate proprietor asserts the shares. The shares held in such DEMAT account will not be
moved or managed in any manner whatsoever with the exception of the reasons for moving
the shares back to the claimant as and when he moves toward the Authority. All advantages
with the exception of rights issue accumulating on such shares for example extra shares, split,
solidification, portion shares and so on, will likewise be credited to such DEMAT account.

Financial Leverage Ratios 

As at 31st March, 2020, 2,10,100 Shares were lying in the Unclaimed Suspense Account in
dematerialised structure in the Havells India Limited Unclaimed Suspense A/c held with
IDBI Bank Limited (DP). The democratic rights on the said shares will stay frozen till the
legitimate proprietor of such shares asserts the shares. The legitimate proprietor can in any
case guarantee his/her shares from the anticipation account subsequent to following the
technique set down in the resolution in regards to something very similar.
At first, during the Financial Year 2017-18, the Company had moved 2,27,100 (Two Lakhs
Twenty Seven Thousand and One Hundred Only) Equity Shares into Unclaimed Share
Suspense Account as far as Regulation 39(4) read with Schedule VI to the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015. These Equity Shares were
lying with the Company as unclaimed since the sub-division of Company's Equity Shares of
the ostensible worth of ' 5/ - each into 5 Equity Shares of the ostensible worth of ' 1/ - each.

In this way, 15,000 Shares and 2,000 Shares of ' 1/ - each were moved to the legitimate
proprietors as supported by the Share Transfer and Allotment Committee, in its Meetings
hung on thirteenth April, 2018 and nineteenth February, 2020, individually. Further, the
neglected profit for the last 7 (Seven) a long time was additionally paid to the said
shareholders.

CHAPTER-3

ANALYSIS AND FINDINGS OF FINANCIAL STATEMENTS

Profitability Ratios

Monetary Capital is the actual lifeblood of business activities, assisting an organization with
making different types of capital. It has empowered us to upgrade our capacities to deliver
top notch items to our shoppers and to support market administration. With over 25 years of
heritage, havells has viably sent monetary capital to deliver business results, yet in addition to
produce supported financial incentive for all partners.

As the truism goes "Income is vanity, Profit is mental stability, yet Cash is king", this
expression turns into even more important in the COVID-19 time. Our Company has
followed similar way of thinking throughout the long term and has stayed focussed on cash
age, which has given us a pad and capacity to last through the emergency. The money
produced from activity for FY 2019-20 stands at ' 825 crores, which is 60.90% expansion
over FY 2018-19. The Company has money and money identical to the tune of ' 1,107 crores
on its accounting report as of 31st March 2020. The Company has long haul obligation of '
40.50 crores on its books as of 31st March 2020. Havells is obligation free Company on net
premise, which is the declaration of a Cash created from activities 778 reasonable and severe
money management strategy.

Cost legitimization

We have taken a few drives to bring effectiveness across capacities and excuse the expenses.
The legitimization of selling and general organization (S&GA) costs brought about the
decrease of fixed expenses. A comparative drive for SKU legitimization was done with
composed endeavors from different business groups, bringing about further developed stock
conveying days. Havells had the option to keep up with the commitment edges during the
initial 3/4 of the year even in a quieted full scale monetary climate. In Q4 of FY 2019-20, the
COVID-19 pandemic fundamentally affected the performance for the long stretch of March,
which in any case is an exceptionally useful month for the Company. Lower than arranged
deals because of the container India lockdown have antagonistically affected both working
capital and benefits for the year, thus affecting the different monetary proportions for the
year.

Mechanizing finance

With innovation at its core, the Company mechanized a few exercises of its money capacity
to acquire proficiency. The majority of the endorsements required are currently through the
framework, lessening the time in question. Comparable mechanization of plan credit notes
has likewise assisted with simplifying

the interaction. Business knowledge and Sales force robotization modules have been created
for simplicity of repayment of movement claims by outreach groups, along these lines saving
a ton of time for the deals and records groups. With a solid spotlight on proficient capital
portion and nonstop edge improvement, we stay hopeful about sound incomes which can be
utilized to take astute plays in our core market.
Activity Ratios

Our plants

Havells is equipping to become 'Industry 4.0 prepared' with the Industrial Internet of Things
(IIoT) and Manufacturing Excellence System (MES) to bring more prominent insight,
interconnectivity, computerization, AI and advanced work culture in its manufacturing tasks.
Our shrewd processing plants are set to typify the fate of manufacturing in India. We are
occupied with the manufacturing of a wide scope of items from Air Conditioners, Water
Heaters, Fans, Small Domestic Appliances, LED Televisions, Washing Machines to
Switchgear, Industrial and Domestic Circuit Protection Devices, Cables, Motors, LED
Luminaires for homegrown and proficient necessities. Inferable from our proceeded with
obligation to the 'Make in India' program, we manufacture over 90% of our items in-house,
subsequently reinforcing our tasks to have a superior authority over costs, keep up with
productivity and offer top notch items to our always advancing and knowing clients.

With an eye on future innovation, drifts and upgraded exploration and innovation labs, we
have taken advantage of the absolute generally progressed and supportable item innovations
in manufacturing advancements. These will diminish personal time, further develop
efficiency and to additional expand on the Company's designing capacities. With 14 best in
class manufacturing plants spread across 8 areas, we keep up a consistent yield of universally
acclaimed items. The significant focal point of our capital use during the year has been on
innovation and limit improvement. The difficulties presented by COVID-19 forced us to
close down tasks in our plants. As we are equipping to react to the post COVID-19 reality,
we center around the preparation to kick off our activities with recommissioning offices. We
are receiving more thorough cleaning schedules and carrying out friendly removing at
production lines with careful idealism.

Lloyd Air Conditioner (AC) plant at Ghiloth, Rajasthan is South-East Asia's generally best in
class and completely coordinated AC manufacturing office. It has the extraordinary
differentiation of being the nation's first forced air system plant with machines and cycles
coordinated with Artificial Intelligence, IoT and utilizations Manufacturing Execution
System (MES), viable with Industry 4.0. Spread over a space of 50 sections of land, it is a
green office, drawing huge extent of power through housetop sun based force. The plant is
outfitted with in-house manufacturing of every single basic cycle and creates completed AC
after like clockwork. With an introduced limit of 1,000,000 ACs yearly, the plant is outfitted
with adaptable manufacturing set-up to create various models on a similar creation line and
uses 'In the nick of time' framework (JIT) to keep ideal stock of parts.
The most exceptional Water Heater plant at Neemrana has a solid spotlight on knowledge
drove and innovation driven creation. The cutting edge particular machines and designs sent
are completely viable to interface with Industry 4.0 and assist with improving efficiency by
multiple times. The item utilizes zero-ozone draining materials that are in accordance with
Havells manageability ethos. Havells Water Heaters is a favored brand in its section and the
Neemrana plant keeps on creating probably the most energy effective and grant winning
water radiators. As of late, the Company won 'Public Energy Conservation' Award, 2019 for
"The Most Energy Efficient Storage Water Heater" by Bureau of Energy Efficiency, Ministry
of Power, Government of India.

The plant is outfitted with exceptionally robotized machines, test labs and apparatus room
office. It works with a solid spotlight on in-house sourcing of plan and segments with rigid
quality checks. The greatest in-house best in class shaping arrangement with programmed
mechanical production systems assists with creating excellent MCBs and Switches with
steady quality. Havells is focused on its reasonable manufacturing system for future-status.
Every one of our plants follow 5R standards: Reduce, Reuse, Recycle, Recover and Residual
management. This backings our responsibility towards turning into a "Zero waste to landfill"
association. We keep on consolidating natural and social contemplations in each period of
manufacturing across the entirety of our units.

Turnover Ratios

During the Financial Year, the Share Allotment and Transfer Committee, in its gathering
hung on fourth September, 2019, sent 11,120 Equity Shares of the Company into the
DEMAT Account of the IEPF Authority held with NSDL (DPID/Client ID
IN300708/10656671) as far as the arrangements of Section 124(6) of the Companies Act,
2013 and the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, as
revised every once in a while. These Equity Shares were the Shares of such 18 Shareholders
whose unclaimed/neglected profit relating to Financial Year 2011-12 had been moved into
IEPF and who had not encashed their profits for 7 (Seven) ensuing Financial Years.

Singular updates were shipped off concerned Shareholders encouraging them to encash their
profit and the total List of such Shareholders whose Shares were expected for move to the
IEPF was additionally positioned in the Unclaimed Dividend part of the Investor Relations
Section on the site of the Company at https://havells.com/en/find havells/financial backer
connection/unclaimed-dividend.html. With the exchange of abovesaid shares into IEPF, as at
31st March, 2020, a sum of 1,92,918 Shares of the Company were lying in the Demat A/c of
the IEPF Authority, hereinabove referenced.

Concerned Shareholders might in any case guarantee the shares or apply for discount to the
IEPF Authority in Web Form No. IEPF-5 accessible on www.iepf.gov.in. The democratic
rights on shares moved to the IEPF Authority will stay frozen until the legitimate proprietor
asserts the shares. The shares held in such DEMAT account will not be moved or managed in
any manner whatsoever with the exception of the reasons for moving the shares back to the
claimant as and when he moves toward the Authority. All advantages with the exception of
rights issue accumulating on such shares for example extra shares, split, solidification,
portion shares and so on, will likewise be credited to such DEMAT account.

Financial Leverage Ratios 

As at 31st March, 2020, 2,10,100 Shares were lying in the Unclaimed Suspense Account in
dematerialised structure in the Havells India Limited Unclaimed Suspense A/c held with
IDBI Bank Limited (DP). The democratic rights on the said shares will stay frozen till the
legitimate proprietor of such shares asserts the shares. The legitimate proprietor can in any
case guarantee his/her shares from the anticipation account subsequent to following the
technique set down in the resolution in regards to something very similar.

At first, during the Financial Year 2017-18, the Company had moved 2,27,100 (Two Lakhs
Twenty Seven Thousand and One Hundred Only) Equity Shares into Unclaimed Share
Suspense Account as far as Regulation 39(4) read with Schedule VI to the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015. These Equity Shares were
lying with the Company as unclaimed since the sub-division of Company's Equity Shares of
the ostensible worth of ' 5/ - each into 5 Equity Shares of the ostensible worth of ' 1/ - each. In
this way, 15,000 Shares and 2,000 Shares of ' 1/ - each were moved to the legitimate
proprietors as supported by the Share Transfer and Allotment Committee, in its Meetings
hung on thirteenth April, 2018 and nineteenth February, 2020, individually. Further, the
neglected profit for the last 7 (Seven) a long time was additionally paid to the said
shareholders.

CHAPTER-4
Profitability Ratios

Monetary Capital is the actual lifeblood of business activities, assisting an organization with
making different types of capital. It has empowered us to upgrade our capacities to deliver
top notch items to our shoppers and to support market administration. With over 25 years of
heritage, havells has viably sent monetary capital to deliver business results, yet in addition to
produce supported financial incentive for all partners. As the truism goes "Income is vanity,
Profit is mental stability, yet Cash is king", this expression turns into even more important in
the COVID-19 time. Our Company has followed similar way of thinking throughout the long
term and has stayed focussed on cash age, which has given us a pad and capacity to last
through the emergency. The money produced from activity for FY 2019-20 stands at ' 825
crores, which is 60.90% expansion over FY 2018-19. The Company has money and money
identical to the tune of ' 1,107 crores on its accounting report as of 31st March 2020.

The Company has long haul obligation of ' 40.50 crores on its books as of 31st March 2020.
Havells is obligation free Company on net premise, which is the declaration of a Cash created
from activities 778 reasonable and severe money management strategy.

Cost legitimization

We have taken a few drives to bring effectiveness across capacities and excuse the expenses.
The legitimization of selling and general organization (S&GA) costs brought about the
decrease of fixed expenses. A comparative drive for SKU legitimization was done with
composed endeavors from different business groups, bringing about further developed stock
conveying days.

Havells had the option to keep up with the commitment edges during the initial 3/4 of the
year even in a quieted full scale monetary climate. In Q4 of FY 2019-20, the COVID-19
pandemic fundamentally affected the performance for the long stretch of March, which in any
case is an exceptionally useful month for the Company. Lower than arranged deals because
of the container India lockdown have antagonistically affected both working capital and
benefits for the year, thus affecting the different monetary proportions for the year.

Mechanizing finance

With innovation at its core, the Company mechanized a few exercises of its money capacity
to acquire proficiency. The majority of the endorsements required are currently through the
framework, lessening the time in question. Comparable mechanization of plan credit notes
has likewise assisted with simplifying the interaction. Business knowledge and Sales force
robotization modules have been created for simplicity of repayment of movement claims by
outreach groups, along these lines saving a ton of time for the deals and records groups. With
a solid spotlight on proficient capital portion and nonstop edge improvement, we stay hopeful
about sound incomes which can be utilized to take astute plays in our core market.

Activity Ratios

Our Plants

Havells is equipping to become 'Industry 4.0 prepared' with the Industrial Internet of Things
(IIoT) and Manufacturing Excellence System (MES) to bring more prominent insight,
interconnectivity, computerization, AI and advanced work culture in its manufacturing tasks.
Our shrewd processing plants are set to typify the fate of manufacturing in India. We are
occupied with the manufacturing of a wide scope of items from Air Conditioners, Water
Heaters, Fans, Small Domestic Appliances, LED Televisions, Washing Machines to
Switchgear, Industrial and Domestic Circuit Protection Devices, Cables, Motors, LED
Luminaires for homegrown and proficient necessities. Inferable from our proceeded with
obligation to the 'Make in India' program, we manufacture over 90% of our items in-house,
subsequently reinforcing our tasks to have a superior authority over costs, keep up with
productivity and offer top notch items to our always advancing and knowing clients.
With an eye on future innovation, drifts and upgraded exploration and innovation labs, we
have taken advantage of the absolute generally progressed and supportable item innovations
in manufacturing advancements. These will diminish personal time, further develop
efficiency and to additional expand on the Company's designing capacities. With 14 best in
class manufacturing plants spread across 8 areas, we keep up a consistent yield of universally
acclaimed items. The significant focal point of our capital use during the year has been on
innovation and limit improvement. The difficulties presented by COVID-19 forced us to
close down tasks in our plants. As we are equipping to react to the post COVID-19 reality,
we center around the preparation to kick off our activities with recommissioning offices. We
are receiving more thorough cleaning schedules and carrying out friendly removing at
production lines with careful idealism.

Lloyd Air Conditioner (AC) plant at Ghiloth, Rajasthan is South-East Asia's generally best in
class and completely coordinated AC manufacturing office. It has the extraordinary
differentiation of being the nation's first forced air system plant with machines and cycles
coordinated with Artificial Intelligence, IoT and utilizations Manufacturing Execution
System (MES), viable with Industry 4.0. Spread over a space of 50 sections of land, it is
green office, drawing huge extent of power through housetop sun based force. The plant is
outfitted with in-house manufacturing of every single basic cycle and creates completed AC
after like clockwork. With an introduced limit of 1,000,000 ACs yearly, the plant is outfitted
with adaptable manufacturing set-up to create various models on a similar creation line and
uses 'In the nick of time' framework (JIT) to keep ideal stock of parts.

The most exceptional Water Heater plant at Neemrana has a solid spotlight on knowledge
drove and innovation driven creation. The cutting edge particular machines and designs sent
are completely viable to interface with Industry 4.0 and assist with improving efficiency by
multiple times. The item utilizes zero-ozone draining materials that are in accordance with
Havells manageability ethos. Havells Water Heaters is a favored brand in its section and the
Neemrana plant keeps on creating probably the most energy effective and grant winning
water radiators. As of late, the Company won 'Public Energy Conservation' Award, 2019 for
"The Most Energy Efficient Storage Water Heater" by Bureau of Energy Efficiency, Ministry
of Power, Government of India.

The plant is outfitted with exceptionally robotized machines, test labs and apparatus room
office. It works with a solid spotlight on in-house sourcing of plan and segments with rigid
quality checks. The greatest in-house best in class shaping arrangement with programmed
mechanical production systems assists with creating excellent MCBs and Switches with
steady quality. Havells is focused on its reasonable manufacturing system for future-status.
Every one of our plants follow 5R standards: Reduce, Reuse, Recycle, Recover and Residual
management. This backings our responsibility towards turning into a "Zero waste to landfill"
association. We keep on consolidating natural and social contemplations in each period of
manufacturing across the entirety of our units.

Turnover Ratios

During the Financial Year, the Share Allotment and Transfer Committee, in its gathering
hung on fourth September, 2019, sent 11,120 Equity Shares of the Company into the
DEMAT Account of the IEPF Authority held with NSDL (DPID/Client ID
IN300708/10656671) as far as the arrangements of Section 124(6) of the Companies Act,
2013 and the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016, as
revised every once in a while. These Equity Shares were the Shares of such 18 Shareholders
whose unclaimed/neglected profit relating to Financial Year 2011-12 had been moved into
IEPF and who had not encashed their profits for 7 (Seven) ensuing Financial Years.
Singular updates were shipped off concerned Shareholders encouraging them to encash their
profit and the total List of such Shareholders whose Shares were expected for move to the
IEPF was additionally positioned in the Unclaimed Dividend part of the Investor Relations
Section on the site of the Company at https://havells.com/en/find havells/financial backer
connection/unclaimed-dividend.html. With the exchange of abovesaid shares into IEPF, as at
31st March, 2020, a sum of 1,92,918 Shares of the Company were lying in the Demat A/c of
the IEPF Authority, hereinabove referenced.

Concerned Shareholders might in any case guarantee the shares or apply for discount to the
IEPF Authority in Web Form No. IEPF-5 accessible on www.iepf.gov.in. The democratic
rights on shares moved to the IEPF Authority will stay frozen until the legitimate proprietor
asserts the shares. The shares held in such DEMAT account will not be moved or managed in
any manner whatsoever with the exception of the reasons for moving the shares back to the
claimant as and when he moves toward the Authority. All advantages with the exception of
rights issue accumulating on such shares for example extra shares, split, solidification,
portion shares and so on, will likewise be credited to such DEMAT account.

Financial Leverage Ratios 

As at 31st March, 2020, 2,10,100 Shares were lying in the Unclaimed Suspense Account in
dematerialised structure in the Havells India Limited Unclaimed Suspense A/c held with
IDBI Bank Limited (DP). The democratic rights on the said shares will stay frozen till the
legitimate proprietor of such shares asserts the shares. The legitimate proprietor can in any
case guarantee his/her shares from the anticipation account subsequent to following the
technique set down in the resolution in regards to something very similar.

At first, during the Financial Year 2017-18, the Company had moved 2,27,100 (Two Lakhs
Twenty Seven Thousand and One Hundred Only) Equity Shares into Unclaimed Share
Suspense Account as far as Regulation 39(4) read with Schedule VI to the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015. These Equity Shares were
lying with the Company as unclaimed since the sub-division of Company's Equity Shares of
the ostensible worth of ' 5/ - each into 5 Equity Shares of the ostensible worth of ' 1/ - each.

In this way, 15,000 Shares and 2,000 Shares of ' 1/ - each were moved to the legitimate
proprietors as supported by the Share Transfer and Allotment Committee, in its Meetings
hung on thirteenth April, 2018 and nineteenth February, 2020, individually. Further, the
neglected profit for the last 7 (Seven) a long time was additionally paid to the said
shareholders. We have taken a few drives to bring effectiveness across capacities and excuse
the expenses. The legitimization of selling and general organization (S&GA) costs brought
about the decrease of fixed expenses. A comparative drive for SKU legitimization was done
with composed endeavors from different business groups, bringing about further developed
stock conveying days.
CONCLUSION

The world has changed, and it may not be the equivalent once more. The novel Covid or
COVID-19 has seen to that. Not just influencing endless lives, COVID-19 has released a hit
to the worldwide economy, upsetting inventory chains while choking off demand. The
current climate has made vulnerabilities in business biological systems, quickly presenting
them to hazards. Our strategic policies and solid endeavor hazard management structure
(ERM) has helped in managing a particularly uncommon emergency. Our methodology has
been to react and not respond to basic circumstances. In these testing times, focussing on
business coherence plans, receiving "better approaches for working together" and to the "new
ordinary" have been our need along with sustaining relationship with our partners by
supporting them.

The difficulties presented by COVID-19 prompted shutting our plant tasks according to
Government of India's mandates and consequently affecting creation. We are using this
chance to set ourselves up to react to the post COVID-19 reality by focussing on preparation
to kick off activities by executing social separating at industrial facilities with wary idealism;
when the plants re-open. Temporarily, be that as it may, we have found a way certain ways to
cruise through this emergency. New propensities and practices are gradually turning into a
lifestyle and are probably going to remain everlastingly; and we percieve them as carrying
freedoms to additionally improve.

At Havells, we ceaselessly check the outside headwinds and market drifts that might affect
our business portions, as a component of our procedure arranging. This methodology gives us
first mover advantage by anticipating buyer suppositions that further gives us freedoms to
dispatch inventive answers for them. Technique is determined considering hazard and
openings that could upset the business. The Management alongside the Board, audits and
makes ideas to refresh the system to remain lined up with business needs and the objective of
making esteem.

REFERENCES

  "1958". Retrieved 19 May 2016.

 ^ "Annual Report 2016-17" (PDF). Havells. 6 November 2017. Retrieved  6
November 2017.
 ^ a b c d e f "Havells India Ltd. Financial Statements". moneycontrol.com.
 ^ Review, Engineering. "Havells Industrial on an overdrive and launches a product
lounge on wheels".Missing or empty |url= (help)
 ^ "^". Retrieved  19 May  2016.
 ^ Singh, A. "Havells | Press Kit". www.havells.com. Havells India Ltd. Retrieved 1
November 2013.
 ^ "India's Most Trusted Brands 2014" (PDF).
 ^ Mark, Ezine. "Havells".
 ^ "Havells India looks for acquisitions in China, Africa". The Times Of India. 11
June 2012.
 ^ "Havells India Stock Price". www.moneycontrol.com. Retrieved 6 November 2015.
 ^ "How a smart turnaround strategy helped Havells to make a comeback".
Retrieved 19 May 2016.
 ^ Times, Economic. "Havells India Ltd". The Times of India.
 ^ a b yog, Karma. "Havells India Ltd. – Corporate Social Responsibility Activities
are as follows".